My Top 3 Tokens to Invest In May 2018 are as follow
These 3 companies have real valuable products, founders that are already successful, long term potential, great token economics, and most importantly – undervalued market capitalizations which have further been discounted from the current oversold market cycle condition.
The current market dip gives a great advantage with these companies.
1. LockTrip (LOC)
Rating: (4.7 of 5)
After studying more than 100 projects, I can say that my favorite pick at the moment is called “LockTrip” (their site – https://locktrip.com ). They fit all of my value criteria and seem like a project that can make it in that 1% success stories in the short and long term.
LockTrip completely removes all commissions in the travel industry and adds this value to the customers because they directly provide the same service like Booking.com and Airbnb but at 0% commission. As a comparison, Booking.com charges 15-35% and Airbnb charges 18% which ends up in 20-30%+ higher prices for travelers.
They already have a live booking marketplace (https://alpha.locktrip.com/) where you can book among 100,000+ hotels worldwide with the LOC token. In a recent material, their team compared 800 hotels in 45 cities in 3 continents with the same hotels listed on Booking.com and Agoda.com, and have proven that their prices are 20% cheaper. You can check their post here.
This creates an immediate and unique application of the token and beats 99% of the projects out there. A token with real fundamental value, worth buying for the purpose of cheapening your next travel and not for just pure speculation like the majority out there, sounds weird doesn’t it? That’s because most other tokens don’t have any real world application.
The company completed its launch in November and has sold approximately $6 Million worth of LOC tokens to a vast community of travel lovers and end users. They are not hype driven and have a 100% organic community.
Their total token supply is extremely limited – a total of 18.5 Million LOC, and there will be no emmissions in the future. Considering the current market conditions, I believe that LockTrip can reach a significant growth over the next 6-9 months.
The LOC token price is around $1 at the time of writing the list and is down 300% from the Jan 2018 peak for absolutely no reason which is a great discount. Their market cap is less than $10M which is completely undervalued. My price prediction for LOC is for $10 within a 6-9 months range (that’s more than 1000% growth). Depending on the number of bookings that they process through their marketplace, this can increase up to $20 or more because of the limited token supply and also because every booking results in LOC tokens locked into bookings escrow/smart contracts for the duration of the travel, that further cuts the limited token supply and hence – more bookings = less tokens.
Final Verdict: I strongly recommend to look into their project as it really stands out from all the hype driven trash that we see every day. Check out the project at https://locktrip.com
- Real working product that has been proven to make global travel cheaper – they have 100,000 hotels which you can book as of this moment
- 20% lower prices when compared to Booking.com, Agoda.com and Airbnb – simple as that
- Best Road-Map I’ve seen – live product with retail user focus.
- Very Low dependency on third parties – they have already launched their own retail application with a working product
- Completely organic community. You will find real discussion going on in their telegram from industry professionals and travel lovers
2. Request Network (REQ)
Rating: (3.7 of 5)
Request is a decentralized network that allows people to request an invoice (a payment) for which the recipient can proceed to making a payment in a safe and secure way. The fact that a decentralized authentic ledger stores all of the information makes payments not only more secure but also easier and cheaper. Plus, it allows for a broad array of automation possibilities. Note: Again, there’s a working prototype.
The transparent and regular updates (not something commonly found in the coin sphere) and the fact that the masterminds behind Request have an impressive background and previous experiences (they have created a money transfer company called Moneytis) – backed by one of the largest accelerators in Silicon Valley (Y Combinator) – have made Request gain a lot of credibility.
Note: Request is more than just another payment processing method. There are added benefits to using the tokens, including the cross-currency transactions (you get to pay in the currency of your likes and the recipient received the currency they wish), identity protection, automated invoicing, and cheap (and fast) value exchange. Notice how there’s actual value in the product.
- Working prototype
- Experienced team
- Strong competition from OmiseGo, Pillar and more
- A somewhat “me too” company
3. Cool Cousin (CUZ)
Rating: (3.5 of 5)
Cool Cousin is a travel app. The idea behind its creation is to enhance the efficiency of the services offered in the travel industry and create a global community of local experts (called Cool Cousins), whom travelers may refer to for treasured and in-depth travel information about the place they are planning to visit. As a result, the overall travel experience is enhanced with travelers being provided with unbiased and relevant details about the desired destination. From cheap tickets to a football match to a great pool bar in town, travelers may ask Cool Cousins anything.
The app is used by more than 500,000 travelers and 1,000 Cool Cousins already, who use a tokenised, P2P (peer-to-peer) system of communication and a smart contract-based platform that is built on the EVM, which ensures the transparency and security of information.
The CUZ token is the company’s means to incentivize the Cousins’ community and add an extra layer of functionality to the ecosystem. Travelers may use the CUZ coin to get access to a broad array of services (i.e. booking Airbnb space) while Cousins can monetize their CUZ tokens to receive rewards and bonuses, and accept payments from the people they help with their travel tips.
- Allows for better use of money and time when traveling with personalized guidance from like-minded locals
- Working application
- Reasonable hard cap
- No high-valued token names in the team.